China’s
vitamin B6 market is facing tight supply currently, caused by environmental
protection measurements and stricter regulations. This trend is likely to go on
in the second half of 2017, which will push the price up as manufacturers rise
quotations.
According
to market intelligence firm CCM, the biggest manufacturer of vitamin B1 and
vitamin B6, Chinese Tianxin Pharmaceutical, has raised its quoted price of
vitamin B6 by about 10% in the beginning of May. This might be just the
beginning of significant price rises of this vitamin in China, as supply gets
even tighter.
China,
one of the top exporters of vitamins and food ingredients in the world, is
facing strict environmental regulations since the end of 2016. The intense
inspections have forced many manufacturers to limit or stop their production in
order to no exceed pollution wastes.
Local
authorities are ordering plans for manufacturers how to keep waste disposal in
the environmental standards. Tianxin Pharmaceutical, for example, was ordered to
limit the pollution discharge standard to 25% less than national standard and
implement portable waste gas detectors.
This
is leading to a tight supply situation of vitamin B6 in China, which causes
likely significant price rises in the near future.
Other
main players in the vitamin B6 market, Shanghai Hegno and Huisheng
Pharmaceutical, are also suffering under production suspensions and are not
able to reach full capacity anytime soon, according to CCM.
CPhI China 2017
On
June 20 to June 22, 2017, the CPhI China will be held in Shanghai. This
exhibition is the leading pharmaceutical ingredients show in China and the
wider Asian-Pacific region. The organisers are expecting more than 40,000
pharmaceutical professionals to attend the exhibition, which serves not only as
a trading and networking platform but also as a learning stage with access to
the latest market updates and regulatory news.
Visit
CCM at the exhibition by applying for an appointment today. Simply go the event on the website and make your appointment.
About Vitamin B6
Vitamin
B6 is known to be a water-soluble vitamin which is already present in a lot of
different food. The health effects make it a popular ingredient for dietary and
health care products.
The
richest sources of vitamin B6 in common food include fish, beef liver and other
organ meats, potatoes and other starchy vegetables, and fruit. In many advanced
countries, adults get their needed doses of their dietary vitamin B6 from
fortified cereals, beef, poultry, starchy vegetables, and some non-citrus
fruits. About 75% of vitamin B6 from a mixed diet is bioavailable
One
of the most common vitamin B6 vitamer is the ingredient pyridoxine.
It is mostly available in forms of oral capsules or tablets.
About CCM
CCM
is the leading market intelligence provider for China’s agriculture, chemicals,
food & ingredients and life science markets.
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